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Topic Videos

Indifference Curves and Consumer Equilibrium

A-Level, IB
OCR, IB, Eduqas, WJEC

Last updated 21 Mar 2021

This short revision video looks at consumer equilibrium with indifference curves and budget lines.

Indifference Curves and Consumer Equilibrium

Consumer equilibrium is reached at the point of tangency between the budget line and the highest-attainable indifference curve.

Indifference Curves and Consumer Equilibrium

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